Ascott Raises 250,000 Baht for Thai Red Cross Children's Home

The Ascott Limited, the world's largest international serviced residence owner-operator, has raised 250,000 Baht for the Thai Red Cross Children's Home. The donation will go towards supporting the educational, healthcare and developmental needs of orphans under the care of the Home.

This is the second consecutive year that Ascott has supported the Thai Red Cross Children's Home. In 2012, Ascott also presented 250,000 Baht to the Home, making a total of 500,000 Baht donated in 2012 and 2013. The funds were raised through the sale of Christmas key cards to residents and staff at Ascott's serviced residences in Bangkok.

Mr Mark Chan, Ascott's Country General Manager for Thailand, said: "Reaching out to underprivileged children is one of the ways Ascott gives back to the community. We hope that our contribution will help to improve the lives of the children and create a better future for them. We would like to thank our residents and staff for making our fundraising campaigns successful."

Apart from the donation, Ascott's staff visited the Thai Red Cross Children's Home where they engaged the children through activities and also presented gifts such as water dispenser, sports apparel, socks, food and snacks to them.

About The Ascott Limited

The Ascott Limited is a Singapore company that has grown to be the world's largest international serviced residence owner-operator. It has more than 22,000 operating serviced residence units in key cities of Asia Pacific, Europe and the Gulf region, as well as over 9,000 units which are under development, making a total of more than 31,000 units in over 200 properties.

The company operates three brands – Ascott, Citadines and Somerset. Its portfolio spans over 70 cities across more than 20 countries, 15 of which are new cities in Ascott's portfolio where its serviced residences are being developed.

Ascott, a wholly-owned subsidiary of CapitaLand Limited, pioneered Asia Pacific's first international-class serviced residence with the opening of The Ascott Singapore in 1984. In 2006, it established the world's first Pan-Asian serviced residence real estate investment trust, Ascott Residence Trust. Today, the company boasts a 29-year industry track record and award-winning serviced residence brands that enjoy recognition worldwide.

Ascott's achievements have been recognised internationally. Recent awards include DestinAsian Readers' Choice Awards 2013 for 'Best Serviced Apartment/Residence Operator', TTG Travel Awards 2012 for 'Best Serviced Residence Operator', TTG China Travel Awards 2012 for 'Best Serviced Residence Operator in China', Business Traveller Asia-Pacific Awards 2012 for 'Best Serviced Residence Brand' and 'Best Serviced Residence in Asia-Pacific', and Business Traveller UK Awards 2012 for 'Best Serviced Apartment Company'.

In Thailand, Ascott operates nine properties in Bangkok, namely Ascott Sathorn, Citadines Sukhumvit 8, Citadines Sukhumvit 11, Citadines Sukhumvit 16, Citadines Sukhumvit 23, Somerset Lake Point, Somerset Park Suanplu, Somerset Sukhumvit Thonglor and Vic3. For reservations, please visit www.the-ascott.com, call (66-2) 344 2500 or 1800 888 272, or email enquiry.bangkok@the-ascott.com.

Visit www.the-ascott.com for more information and connect with us on social media at www.the-ascott.com/connect.

About CapitaLand Limited
CapitaLand is one of Asia's largest real estate companies. Headquartered and listed in Singapore, the company's businesses in real estate and real estate fund management are focused on its core markets of Singapore and China.

The company's diversified real estate portfolio primarily includes homes, offices, shopping malls, serviced residences and mixed developments. The company also has one of the largest real estate fund management businesses with assets located in Asia. CapitaLand leverages its significant asset base, real estate domain knowledge, product design and development capabilities, active capital management strategies and extensive market network to develop real estate products and services in its markets.

The listed entities of the CapitaLand Group include Australand, CapitaMalls Asia, Ascott Residence Trust, CapitaCommercial Trust, CapitaMall Trust, CapitaMalls Malaysia Trust, CapitaRetail China Trust and Quill Capita Trust.

About Thai Red Cross Children's Home
Located in Nakornpatom province, the Thai Red Cross Children's Home looks after the developmental and educational needs of the children who have been abandoned at the Chulalongkorn Memorial Hospital, Queen Sawangvatana Memorial Hospital and other Thai Red Cross agencies.